Watches 'defy the recession'

First published: 14-12-2009

The editor of Esquire magazine has spoken to the Guardian about one of the strangest trends which still manages to defy the recession despite indicators pointing to the exact opposite: watches.

Jeremy Langmead said that many people may not need one, they can be very expensive indeed and the recession is sowing seeds of doubt around every major investment possibility, yet the industry continues to boom and people still want a watch.

He explained that it wasn't that long ago when fathers handed sons a gold-plated watch for their 21st birthday; now, many men will have another couple before they hit 30.

Additionally, by the age of 40, Mr Langmead continued, the perfect present may actually be a box with felt-lined compartments for someone to keep their collection of watches.

The style expert concluded: "Whether it cost £50 or £5,000, men clock the watch in the same way some women might take note of another's shoes. It's what we do. And the watch industry is very happy about that."

Earlier in the month, the Guardian wrote about Barack Obama's Jorg Gray 6500 Chronometer watch, which sparked a global frenzy among timepiece fans as to what kind of accessory it was.


Related articles

Under the spotlight: STORM watches and jewellery

Posted: 27-11-2018

STORM London is known for breaking the rules with its edgy, sophisticated, and fun watch and jewellery designs. Get inspired to shatter expectations and check out some of our favourite STORM designs today.

Under the spotlight: Timex watches

Posted: 27-11-2018

Formal, sporty, vintage, or casual? Choose your next watch from the timelessly iconic Timex collection and combine legendary fashion with contemporary chic.

Under the spotlight: Guess

Posted: 27-11-2018

Make your next watch a Guess watch and choose from a range of gorgeous styles and designs for men and women. Whether you want reimagined vintage or stand-out chic, there’s a Guess watch for you.

A guide to buying a fitness watch for 2019

Posted: 27-11-2018

Use our guide to choose a watch that helps you hit your fitness targets this New Year, whatever your ability. Explore sharp designs from a range of top brands, including Polar, Garmin, Fitbit, and more.